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! Required information [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the
! Required information [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $82,890 in assets to launch the business. On December 31, the company's records show the following items and amounts. Cash $ 15,140 Accounts receivable 12,720 Cash withdrawals by owner Consulting revenue Office supplies 2,110 Rent expense Land 46,010 Office equipment 16,780 Telephone expense Accounts payable 7,360 Salaries expense Miscellaneous expenses Owner investments 82,890 $ 830 12,720 2,380 5,620 780 600 Using the above information prepare a December income statement for the business. ERNST CONSULTING Income Statement 0
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